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We understand what it means to do business in Africa and beyond. We have specialist product expertise, strong local capacity and global distribution reach.

 

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We aim to be the leading corporate and investment banking business in, for and across Africa, with a deep specialisation in natural resources. We provide services to governments, parastatals, larger corporates, financial institutions and international counterparties.

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Latest News

CfC Stanbic bank finances the replacement of the Nairobi-Mombasa oil pipeline

Nairobi, 15th July 2015. A consortium of local and international banks led by CfC Stanbic Bank has underwritten, coordinated and arranged a long term facility of USD 350,000,000 for the Kenya Pipeline Company Limited (“KPC”). The consortium which included Citibank, N.A., Kenya Branch, the Commercial Bank of Africa Limited, Cooperative Bank Limited, Rand Merchant Bank and Standard Chartered Bank signed the deal on 15th July 2015 with senior representation from all the banks. The funding will be used to replace KPC’s 450km Line 1 multi-product fuel pipeline running from Mombasa to Nairobi.

June PMI - Index signals robust improvement in business conditions

The Latest Purchasing Managers’ Index™ (PMI™) data released by CfC Stanbic Bank indicate a robust growth of the Kenya’s private sector in the month of June, characterized by strong expansions in both output and new orders.

May 2015 PMI - Business conditions improve strongly, despite slowdown in output growth

Kenyan private sector growth was sustained in May, with business conditions improving at a robust pace. Underpinning the overall expansion was a strong increase in new orders alongside a survey-record rise in payroll numbers. Data also provided some cautionary notes, however, with growth rates for output and input buying slowing sharply since April. Moreover, both input costs and output charges rose more quickly in May.

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  • Best Overall Bank for Cash Management in Africa , 2015

    Global Finance World’s Best Treasury & Cash Management Providers

  • Best in Frontier Markets (Global), 2014

    Global Finance World’s Best Investment Bank

  • Best Investment Bank in Africa, 2014

    Global Finance World’s Best Investment Bank

  • Best in Frontier Markets (Global), 2014

    Global Finance World’s Best Emerging Markets Bank

  • Best FX Provider in Africa, 2014

    Global Finance World’s Best FX Providers

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